RE: Ask Me Anything - Marky Edition - November 2021
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Are you familiar with crypto.com exchange and their DeFi wallet or know someone who is? I have some stablecoin send questions I need help with.
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I am not, sorry.
It is possible I or someone else might know the answer if you want to just ask your question.
Perfect.
I've never held ETH. I've been practicing swapping for stablecoins lately inside crypto exchange. As you're aware, to send the (in this case) DAI to my DeFi wallet I need ETH for gas. I've never done these things.
Fees fluctuate so I'm curious how much ETH I should hang onto to be comfortable with gas and is it necessary to hold the ETH in the DeFi wallet or on the exchange or both?
Much thanks.
You can look here to get an idea of the current gas fees.
https://ethgasstation.info/
If you interact with a contract, you will need a lot more.
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Me again.
Do you have a preferred DeFi wallet?
I use both a Ledger and Trezor. I donβt keep funds in other wallets typically.